Profitability and perceived resilience benefits of integrated shrimp-tilapia-seaweed aquaculture in North Central Coast, Vietnam

Tran, Nhuong; Cao, Quyen Le; Shikuku, Kelvin Mashisia; Phan, Thanh Phuong; Banks, Lauren K.

doi:10.1016/j.marpol.2020.104153

Cited by 20 publications

(13 citation statements)

References 23 publications

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“…According to the cost-benefit ratio results (BCR), only T2 and the conventional strategy (C) are financially profitable (T23.45 and C1.66), since it is necessary that the to be financially profitable (Tran et al, 2020). The lack of profitability in treatments without co-feeding is not surprising.…”

Section: Resultsmentioning

confidence: 99%

Cost-benefit analysis for the production of juveniles of tropical gar (Atractosteus tropicus Gill): a comparison of four feeding schemes.

Palma-Cancino

Álvarez‐González

Vega-Villasante

et al. 2021

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Objective: To determine the production cost and profitability of different feedingstrategies during the tropical gar larvicultureDesign/methodology/approach: Growth and survival obtained from the evaluationof an experimental diet with maize starch, comparing against the conventionalstrategy (commercial diet for rainbow trout and co-feeding with Artemia naupliii). Theexperimental diet was evaluated with co-feeding with Artemia and with no Artemia.The productions cost was estimated for each strategy and was calculated the unitcost by juvenile as well as the sale cost. We also determined the cost-benefit relationand the breakeven point for the economic analysis. Results: The direct feeding with no Artemia strategy during the larviculture is notprofitable. According to the relation cost-benefit, comparing the strategy with theexperimental diet in co-feeding with the conventional strategy, the profitability of thefirst was greater. The breakeven point between the profitable strategies was similar,but the greater survival with the experimental diet suggest a higher impact on theoptimization of the product system.Limitations on study/implications: the lack of economic analysis on the tropical garlarviculture affect indirectly the product system tropical gar as there is no accurate information on production costs.Findings/conclusions: From a financial point of view, the feeding strategy usingexperimental diet with co-feeding is the most profitable process of larviculture.

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Section: Resultsmentioning

confidence: 99%

Cost-benefit analysis for the production of juveniles of tropical gar (Atractosteus tropicus Gill): a comparison of four feeding schemes.

Palma-Cancino

Álvarez‐González

Vega-Villasante

et al. 2021

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“…To date, however, empirical studies that evaluate the adoption and impacts of these practices and technologies are missing. One of the only studies assessing the CSA approach in aquaculture is provided by Tran et al (2020), who find that CSA practice are not only profitable but also enhance perceived adaptive and resilient capacity of coastal farming households in Vietnam.…”

Section: Climate-smart Aquaculture and Fisheriesmentioning

confidence: 99%

A Review of economic analysis of climate change impacts and adaptation in fisheries and aquaculture

Tran¹,

Shikuku²,

Peart³

et al. 2022

Preprint

Self Cite

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Focusing on economic methods, this study provides a comprehensive review of the current research in fisheries and aquaculture within the context of climate change. We find there has been remarkable progress in evaluating the biophysical impacts of climate change on fish. However, the effect those impacts have on future fish stocks, yields, and dynamics are less understood. Climate change adaptation strategies in fisheries and aquaculture lack quantitative assessment, while current vulnerability indices rely heavily on subjective weighting schemes. Economic studies involving fisheries and aquaculture have seen some recent advancements but can be improved through incorporating methods from other disciplines, notably agricultural economics. Relative to its increasingly large role in global fish supply, the aquaculture sector is found to be under-represented in the economic literature. We suggest that future research in fisheries and aquaculture should further incorporate methods from agricultural economics, focus on the economics of aquaculture, and refine interdisciplinary research methods such as bioeconomic modelling.

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“…Pemilihan persentase dan skenario dari ketiga analisis tersebut didasarkan bahwa pada sistem operasional usaha agrobisnis selalu terjadi dinamika produksi dan fluktuasi permintaan pasar. Dampak eko-produksi pada jaringan pemasaran usaha agrobisnis memiliki implikasi pengaruh yang mendalam terhadap usaha hilir seperti aktivitas kegiatan budidaya perairan (Tran et al, 2020).…”

Section: Analisis Kelayakan Finansial Dan Sensitivitas Usaha Budidaya Intensif Udang Vanameunclassified

Financial Feasibility Analysis and Business Sensitivity Level on Intensive Aquaculture of Vaname Shrimp (Litopenaeus Vannamei)

Muqsith

Ariadi

Wafi

2021

ECSOFiM

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Intensive aquaculture of vaname shrimp (L. vannamei), has been known to be a favorite for aquaculture commodities in Indonesia at the last 2 decades. The purpose of this study was to determine status of financial feasibility and business sensitivity rate in intensive shrimp culture activities. The research method used in this study is a quantitative method. The data analysis used to determine of financial feasibility and business sensitivity in the form of NPV analysis, Net B/C, R/C, IRR, and payback period. Also, an analysis of assumptions about rising feed prices and decreasing production revenues for the level of business sensitivity. The results showed that the shrimp culture business was categorized as feasible and profitable with NPV value of IDR 63,417,262,006, Net B/C 29.11, R/C 2.14, IRR 42.46%, and PP 1.4 years. Sensitivity analysis shows that the business is not so sensitive to the increase of feed prices and decreased revenue, but is very sensitive if both conditions change simultaneously, but are still in the financially feasible category. So, it can be concluded based on NPV, Net B/C, R/C, IRR, and payback period indicator analysis that intensive white shrimp farming is very feasible and profitable to use with a low level of business sensitivity due to feed price fluctuations changes and uncertain operational business revenues.

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Profitability and perceived resilience benefits of integrated shrimp-tilapia-seaweed aquaculture in North Central Coast, Vietnam

Cited by 20 publications

References 23 publications

Cost-benefit analysis for the production of juveniles of tropical gar (Atractosteus tropicus Gill): a comparison of four feeding schemes.

Cost-benefit analysis for the production of juveniles of tropical gar (Atractosteus tropicus Gill): a comparison of four feeding schemes.

A Review of economic analysis of climate change impacts and adaptation in fisheries and aquaculture

Financial Feasibility Analysis and Business Sensitivity Level on Intensive Aquaculture of Vaname Shrimp (Litopenaeus Vannamei)

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